Nat Cat events

ICA says insurers have received 1,600 claims related to NSW flooding as death toll rises to four

May 23 2025

Insurance claims expected to rise further as people return to their homes.

australian-insurance-council-declares-significant-event-for-flood-hit-nsw

NSW hit by record floods as 'one-in-500-year' event leaves 50,000 stranded

May 21 2025

The Insurance Council of Australia has declared the flooding a significant event.

Beijing hailstorm triggers 28,200 insurance claims: Report

May 20 2025

Estimates put insurance losses from the storm at 193m yuan (US$26.8m) so far.

Myanmar quake, wildfires and cyclone drive major Q1 losses in APAC: Aon

May 14 2025

Australia’s ex-TC Alfred was the largest insured losses in the region in Q1.

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Vietnam National Re reports better underwriting results in 2024 despite Typhoon Yagi losses: AM Best

May 12 2025

Reinsurer's ratings affirmed as strong balance sheet, improved underwriting results help withstand Yagi losses.

Claims from Cyclone Alfred, North Queensland floods reach A$1.5bn: ICA

May 12 2025

Alfred alone has driven over 116,000 claims, with an average payout of A$10,000.

May 1 2025

Insurance Council of Australia adds that claims have nearly reached A$1bn (US$640m).

1-in-10 chance of US$300bn in insured nat cat losses in 2025: Swiss Re

April 29 2025

As industry nat cat losses grow 5-7% annually, Swiss Re predicts a "peak loss" year could surpass US$300bn or more in the coming years.

GIAJ reports over US$729m in insurance claims from 2024's Noto Peninsula Earthquake

April 28 2025

The 7.6-magnitude earthquake that struck on 1 January 2024 impacted several prefectures across Japan.

Thai insurers' Myanmar quake losses expected to be absorbed by reinsurers: S&P

April 24 2025

Thai insurers may face higher reinsurance costs and tighter margins in quake's aftermath.

PERILS estimates A$2.57bn in insured losses from Cyclone Alfred

April 23 2025

Estimate makes Aflred the country's second largest industry loss, on an adjusted basis, since Cyclone Tracy in 1974.

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Q1 global nat cat insurance losses second-highest on record as APAC faces rising disaster risks: Aon

April 19 2025

While US events drove majority of insured losses, Asia Pacific events exposed persistent gaps in insurance coverage and heightened humanitarian risks.

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